But the council's assumptions are limited, focusing on only IRA assets and not Keogh plans
or 401(k) plans, and on load funds and variable annuities, excluding fixed annuities and other mutual funds, so the losses could be greater than it projects, according to EPI.
are tax-deferred pension plans available primarily for self-employed individuals (although unincorporated businesses are eligible), with the same investment options as with a 401(k) and IRA.
Most of the plans available to small businesses--simplified employee pensions (SEPs), salary reduction simplified employee pensions, SIMPLE IRA plans, SIMPLE 401(k) plans, regular 401(k)s, profit-sharing plans, money purchase pension plan, Keogh plans
, defined benefit plans, defined contribution plans, and employee stock ownership plans--are subject to the minimum coverage requirements, minimum vesting standards, the actual deferral percentage test, the non-discrimination requirements, and the top heavy plan requirements.
Royals manager Chris Keogh plans
to speak to Miller later this week.
What is the class exemption that permits banks to offer IRA, SEP, and Keogh plans
services at reduced fees or no cost?
By comparison, simplified employee pensions (SEPs) or profit-sharing Keogh plans
would allow 2009 contributions for the self-employed to the extent of the lesser of 20% of earnings or $49,000.
One of the biggest changes concerns non-retirees' views of their 401(k) and other tax-exempt plans such as IRAs and Keogh plans
This reinvestment of income and build-up of tax deferred earnings is one of the main features that make Keogh plans
Some of your options might include: Keogh plans
, 401(k) plans, SEP IRA's, SIMPLE IRA's and profit-sharing plans, many of which can be offered at little or no cost to the employer, and require little effort to set up and run.
allow for tax-free rollovers into IRAs or other qualified retirement plans, but do not have a loan option.
Individual retirement accounts, Keogh plans
, and municipal bonds are obviously rated the highest.
They're going to have IRAs [individual retirement accounts] or Keogh plans
that they put money into, or they're going to have 401Ks.